Western Asset Municipal Defined Opportunity Trust Inc. Announces Conference Call

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Mon May 18, 2009 4:06pm EDT

NEW YORK--(Business Wire)--
Western Asset Municipal Defined Opportunity Trust Inc. (NYSE: MTT), the most
recent addition to the closed-end fund family affiliated with Legg Mason, Inc.,
announced today a conference call to update investors on the Fund`s performance
and investment activities since its successful initial public offering on March
27, 2009. The call will be held on May 19, 2009 at 4:15 p.m. (Eastern time).
Robert Amodeo, a municipal portfolio manager from Western Asset Management, will
discuss the Fund`s investment portfolio and the municipal market outlook. 

Investors can listen to this call by teleconference:

 Dial-in information:                          
 Date:                    May 19, 2009         
 Time:                    4:15 (Eastern Time)  
 USA Toll Free Number:    1-877-917-3611       
 Passcode:                Legg Mason           


A replay of the call will be made available and instructions on how to access
the replay will be provided at a future date by press release. 

Western Asset Municipal Defined Opportunity Trust`s primary investment objective
is to provide high current income exempt from federal income tax and then to
liquidate on or about April 30, 2021 and distribute all of the Fund`s net assets
to holders of its common shares. As a secondary objective, the Fund seeks total
return. There can be no assurance, however, that the Fund`s investment
objectives will be achieved. 

The Fund primarily invests in investment grade, income-producing municipal
bonds, offering investors access to one of today`s most compelling market
sectors. 

Following its successful initial offering in March 2009, Western Asset Municipal
Defined Opportunity Trust Inc. became the newest addition to the closed-end fund
family affiliated with Legg Mason, Inc. 

"We are pleased to have launched this Fund with a successful offering in such
troubled markets. The experience of the management team combined with a
disciplined investment process was a key factor in attracting investors in the
Fund," said Matt Schiffman, Head of Retail Americas for Legg Mason. 

It expands the existing closed-end fund offerings that encompass a range of
taxable and tax-exempt investment objectives. Other funds in the Legg
Mason-affiliated closed-end fund family include LMP Capital and Income Fund Inc.
(NYSE: SCD), Western Asset Emerging Markets Floating Rate Fund Inc. (NYSE: EFL),
Western Asset Global High Income Fund Inc. (NYSE: EHI), Western Asset Emerging
Markets Income Fund Inc. (NYSE: EMD), Western Asset Emerging Markets Debt Fund
Inc. (NYSE: ESD), Western Asset Global Partners Income Fund Inc. (NYSE: GDF),
Western Asset Variable Rate Strategic Fund Inc. (NYSE: GFY), Western Asset High
Income Fund Inc. (NYSE: HIF), Western Asset High Income Opportunity Fund Inc.
(NYSE: HIO), Western Asset High Income Fund II Inc. (NYSE: HIX), Western Asset
Inflation Management Fund Inc. (NYSE: IMF), Western Asset Managed High Income
Fund Inc. (NYSE: MHY), Western Asset Income Fund (NYSE: PAI), Western Asset
Worldwide Income Fund Inc. (NYSE: SBW), and Western Asset Premier Bond Fund
(NYSE: WEA). 

Tax-exempt funds include Western Asset Intermediate Muni Fund Inc. (NYSE Amex:
SBI), Western Asset Municipal High Income Fund Inc. (NYSE: MHF), Western Asset
Managed Municipals Fund Inc. (NYSE: MMU), and Western Asset Municipal Partners
Fund Inc. (NYSE: MNP). 

Investment advisory and sub-advisory services are provided by Legg Mason
Partners Fund Advisor, LLC and Western Asset Management Company, subsidiaries of
Legg Mason, Inc. 

Legg Mason is the 6th largest closed-end fund manager in the U.S., with $6.1
billion in assets under management as of March 31, 2009. 

For more information please call 1-888-777-0102 or consult the Funds` web site
at www.leggmason.com/cef. 

SYMBOLS: 

NYSE: MTT; EFL; EHI; EMD; ESD; GDF; GFY; HIF; HIO; HIX; IMF; MHF; MHY; MMU; MNP;
PAI; SBW; SCD; WEA 

NYSE Amex: SBI 



Western Asset Municipal Defined Opportunity Trust Inc.
1-888-777-0102
www.leggmason.com/cef. 

Copyright Business Wire 2009

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